MTI Wireless Edge Ltd (LON:MWE) said it has won a contract to provide wireless irrigation control solutions to a landscape project in East China through its subsidiary, Mottech Water Solutions.
The AIM-listed company said the order, totalling over US$300,000, means it will end April with orders from China of nearly US$500,000, all of which are expected to be delivered by the end of July.
READ: MTI Wireless says wireless irrigation controls subsidiary signs renewal service agreement valued at around US$0.9mln
"We significantly increased our focus on the Chinese market in the last two years with the opening of a local subsidiary. China has become Mottech's fastest-growing market and we expect this to continue to be the case and in time become one of its largest markets. It is encouraging, therefore, to see China re-open for business in April," MTI’s chief executive Moni Borovitz said in a statement.
MTI’s shares jumped 5.1% to 36.8p in early deals on Monday.